Common use of Demand Possession Clause in Contracts

Demand Possession. Demand possession of any or all of the Collateral of any or all Debtors, in which event each such Debtor shall, at the expense of such Debtor, immediately cause the Collateral of such Debtor designated by the Creditor to be assembled and made available and/or delivered to the Creditor at any place designated by the Creditor.

Appears in 3 contracts

Sources: General Security Agreement (Psyence Biomedical Ltd.), General Security Agreement (Mad Catz Interactive Inc), General Security Agreement (Emtec Inc/Nj)

Demand Possession. Demand possession of any or all of the Collateral of any or all DebtorsCollateral, in which event each such the Debtor shallwill, at the expense of such the Debtor, immediately cause the Collateral of such Debtor designated by the Creditor to be assembled and made available and/or delivered to the Creditor at any place designated by the Creditor.

Appears in 3 contracts

Sources: Credit Agreement (Mirion Technologies, Inc.), General Security Agreement (Universal Security Instruments Inc), General Security Agreement (Neutron Enterprises Inc)

Demand Possession. Demand possession of any or all of the Collateral of any or all DebtorsCollateral, in which event each such Debtor the Borrower shall, at the expense of such Debtorthe Borrower, immediately cause the Collateral of such Debtor designated by the Creditor Lender to be assembled and made available and/or delivered to the Creditor Lender at any place designated by the CreditorLender.

Appears in 1 contract

Sources: General Security Agreement (Akanda Corp.)